Kansas May Tap Highway Funds To Fill Budget Gaps
Associated Press - November 20, 2014 4:01 pm
Kansas legislators are likely to consider diverting funds earmarked for highway projects to general government programs to help solve the state’s budget problems.
The chairmen of the House and Senate budget committee say such a step is an option as legislators work to close combined shortfalls of more than $714 million in the current and next state budgets.
Executive Vice President Bob Totten of the Kansas Contractors Association said Thursday that the group is concerned about the possibility but believes there’s bipartisan support for transportation projects.
Kansas started a 10-year and $8 billion transportation program in 2010. The program is financed outside the state’s main bank account with bonds, motor fuels taxes, vehicle registration fees and some sales tax revenues.
The state has diverted highway funds in the past.